📊 HBAR/USDT Technical Analysis: Bullish Momentum and Key Targets 🚀
As of now, HBAR/USDT is showing impressive bullish momentum, with a +17.41% increase in the last 24 hours. The price is currently trading at $0.07626, and we’re seeing a strong upward trend with a solid support structure forming at $0.07191, as indicated by the SAR (Stop and Reverse) indicator.
Key Levels to Watch:
1. First Target: $0.08000
A key resistance zone around $0.08000 could act as a potential breakout point. If the price sustains above this level, we may see a surge towards higher targets.
2. Second Target: $0.08500
A retest of the $0.08500 level could be in play as the next logical resistance. This level aligns with previous highs and could be a crucial level for bulls to overcome for further upside.
3. Third Target: $0.09000
The $0.09000 mark is a significant psychological level that could be reached if the bullish momentum continues. Traders should watch for possible consolidation around this area as the market tests this higher resistance.